| Too Big to Fail: Policies and Practices in Government Bailouts Contributor(s): Gup, Benton E. (Author) |
|
 |
ISBN: 1567206212 ISBN-13: 9781567206210 Publisher: Praeger OUR PRICE: $94.05 Product Type: Hardcover - Other Formats Published: December 2003 Annotation: Usually associated with large bank failures, the phrase "too big to fail," which is a particular form of government bailout, actually applies to a wide range of industries, as this volume makes clear. Examples range from Chrysler to Lockheed Aircraft and from New York City to Penn Central Railroad. Generally speaking, when a corporation, an organization, or an industry sector is considered by the government to be too important to the overall health of the economy, it will not be allowed to fail. Government bailouts are not new, nor are they limited to the United States. This book presents the views of academics, practitioners, and regulators from around the world (e.g., Australia, Hungary, Japan, Europe, and Latin America) on the implications and consequences of government bailouts. |
| Additional Information |
| BISAC Categories: - Business & Economics | Government & Business - Business & Economics | Management - General - Business & Economics | Finance - General |
| Dewey: 338 |
| LCCN: 2003053030 |
| Lexile Measure: 1500 |
| Physical Information: 0.82" H x 6.08" W x 9.62" (1.51 lbs) 368 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Usually associated with large bank failures, the phrase too big to fail, which is a particular form of government bailout, actually applies to a wide range of industries, as this volume makes clear. Examples range from Chrysler to Lockheed Aircraft and from New York City to Penn Central Railroad. Generally speaking, when a corporation, an organization, or an industry sector is considered by the government to be too important to the overall health of the economy, it will not be allowed to fail. Government bailouts are not new, nor are they limited to the United States. This book presents the views of academics, practitioners, and regulators from around the world (e.g., Australia, Hungary, Japan, Europe, and Latin America) on the implications and consequences of government bailouts. |